All News briefs articles – Page 7
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News briefs
Kering names a new CEO for Gucci
Kering has appointed of Francesca Bellettini as President and Chief Executive Officer of Gucci, reporting to Luca de Meo, the CEO of the French luxury goods group since Sept. 15. Bellettini replaces Stefano Cantino who only held the job for nine months. “At this pivotal moment, I intend to build ...
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News briefs
Footway buys a logistics center and launches a new service
The Swedish e-commerce footwear specialist Footway has raised SEK 100 million (€9.1m) to acquire a logistics facility in Eskilstuna. The 48,000 square meter facility is located 100 kilometers west of Stockholm. The company had previously leased the warehouse, which is said to be a central part of the logistics hub ...
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News briefs
Footwear designer Gino Jagindar Singh passes away
The Singapore-based shoe designer Gino Jagindar Singh, best known for the brand Riccino Shoes, died on Sept. 11 at the age of 73. “For those of you who knew him, who were his customers for a long time, my dearest father has gone to be with the Lord today,” his ...
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News briefs
Veja picks NewStore’s unified commerce platform
The US company NewStore said that Veja has chosen its unified commerce platform to strengthen its omnichannel activity. The system, NewStore Omnichannel POS, is currently available for Veja’s businesses in Denmark, Germany and the US. It will be rolled out to all of Veja’s owned stores and department store ...
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News briefs
Clarks to launch a digital market place in 2026
In early 2026, Clarks will launch its first digital marketplace. The platform, to be called Clarks Marketplace, will feature a “curated roster of like-minded partners”, including the bootmaker Hunter, the childrenswear brand Frugi, the travel brand Antler Luggage and the women’s clothing label Kettlewell Colours. The British footwear brand said ...
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News briefs
VF sells Dickies for $600m
VF Corporation has entered into a definitive agreement to sell Dickies for $600 million to Bluestar Alliance, a global brand management firm. Dickies is an American heritage brand that sits at the intersection of workwear and streetwear, with distribution in 55 countries. The transaction is expected to close by the ...
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News briefs
Gymshark launches a footwear line in a collaboration with R.A.D
Gymshark, a British brand of fitness apparel, has launched a footwear line in collaboration with R.A.D, a British label of performance shoes. The companies produced two limited-edition models – the R.A.D ONE V2 and the R.A.D R-1 – in five colorways for men and women. The Gymshark X R.A.D collaboration ...
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News briefsGeox may cut 110-150 jobs
Geox may cut between 110 and 150 jobs as the Italian footwear company seeks to reduce costs. The company said that on Sept. 10 it held a meeting with trade unions and the Italian employers confederation Confindustria to present envisaged measures to implement the industrial plan approved by Geox’s board ...
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News briefs
Salvatore Ferragamo’s CFO steps down
Salvatore Ferragamo said that its Chief Financial Officer, Pierre La Tour, will step down on Sept. 26 to pursue new professional opportunities in another line of business. The Italian fashion house said that Paolo La Morgia will become interim CFO on Sept. 29. He joined Ferragamo in 2010. Since 2024, ...
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News briefs
3G completes the acquisition of Skechers
On Sept 12, 3G Capital completed the acquisition of Skeckers, taking the US footwear company private. On the same day, Skechers’ shares stopped trading on the New York Stock Exchange. The acquisition was announced on May 5, 2025. Skechers will continue to be led by its executive management team, including ...
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News briefs
Manitobah’s first collection with anatomical left-right fit
Manitobah, the Winnipeg-based Indigenous-founded footwear company, has unveiled its fall 2025 Two Rivers Collection, marking the first time in the brand’s history that it offers a true left and right footbed. The collection represents a milestone for the company, blending generations of Indigenous craftsmanship with contemporary performance features. Founded in ...
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News briefs
Cirql appoints new a Development & Innovation Director
Cirql, the Vietnam-based innovation company specializing in low-impact, scalable midsole components and materials for footwear brands, has appointed Renaud Allaire as its new Development & Innovation Director. Allaire, who previously held senior roles at Puma and On Running, brings a wealth of experience in product innovation, materials science and sustainable ...
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News briefs
US threatens Brazil after Bolsonaro conviction
The US Secretary of State, Marco Rubio, said that the US will respond to the Brazilian supreme court’s decision to convict former Brazilian President, Jair Bolsonaro, for plotting a coup after losing the 2022 presidential election. “The political persecutions by sanctioned human rights abuser Alexandre de Moraes continue, as he ...
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News briefs
Klarna rises in stock market debut
Swedish fintech Klarna made its stock market debut on the New York Stock Exchange on Sept. 10, raising $1.37 billion (€1.26bn) in its initial public offering (IPO). Shares were priced at $40 in the IPO, advancing 14.6 percent to close at $45.82 after the first day. The deal gives ...
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News briefs
Hamburg fashion label Closed files for insolvency
The German fashion label Closed has filed for insolvency with the Hamburg District Court, joining a growing list of local high-profile bankruptcies in recent years. The company cited excessive debt as the reason for the filing. Despite the move, Closed said business operations – including wholesale, e-commerce and brick-and-mortar ...
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News briefs
Sabu names new head of category management
The German shoe retail cooperative Sabu has appointed Annette Wächtler as its new Head of Category Management, effective Oct. 1. Wächtler, 49, brings more than 30 years of experience in the footwear industry. She spent 11 years at Ecco, most recently serving as product director for Europe, and has also ...
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News briefs
Asak&Co to distribute Vionic in Italy
Asak&Co, an Italian company founded in 1992 by the sisters Barbara and Sonia Dalla Rosa, has been selected to distribute Vionic, a Caleres-owned brand, in Italy. The company already conducted a test with Vionic’s spring/summer 2025 collection and the collaboration will start in full with the spring/summer 2026 season. ...
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News briefs
Tod’s’ CEO for North America leaves
After 14 years in the job, Tod’s’ CEO for North America, Roberto Lorenzini, is stepping down. The Italian fashion group is expected to announce his replacement soon. Lorenzini will remain as an advisor for the company to ensure a smooth transition in the region. “Roberto has decided that this ...
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News briefs
Ecco Americas has a new Chief Commercial Officer
Ecco has hired Matt Feiner as Chief Commercial Officer of Ecco Americas. Feiner is in charge of wholesale, retail and e-commerce activities across North America. He will also have a “strong influence” on product creation and market strategies, the Danish group said. “I’m excited to share that I’ve accepted a ...
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News briefs
Dick’s Sporting Goods completes the acquisition of Foot Locker
Dick’s Sporting Goods announced that it has completed the $2.4 billion acquisition of Foot Locker to become a global leader in the sports retail industry. As a combined company, Dick’s will now operate more than 3,200 stores plus e-commerce and digital businesses across 20 countries in North America, Europe, Asia, ...
